Vodafone India grants $500m contract to Nokia for 4G deployment
27 January 2017 | James Pearce
Vodafone has granted a $500 million contract to Nokia for the deployment of a 4G network in India, according to reports.
The deal will see the Finnish vendor deploy and expand Vodafone’s 4G services in 10 Indian circles, according to the Economic Times, citing people familiar with the matter.
Vodafone acquired 4G capable spectrum across the 1800, 2100 and 2500 MHz bands during last year’s spectrum auction, costing the UK-based operator RS 20,280 crore.
It has already deployed 4G in 17 of India’s 22 telecom circles, but this deal will see it expand services in Kolkata, Mumbai, Gujarat, Tamil Nadu-Chennai, Haryana, UP East, West Bengal, Punjab, Himachal Pradesh and Jammu & Kashmir, according to the ET report.
It is the second Vodafone contract to have been won by Nokia this year, and the third in as many months, after Vodafone India signed a multi-year managed services contract with the vendor. The agreement is believed to have been worth around $210 million.